It took me eight months to get a prior tenant out, and he only left after the marshall's notice, I didn't recover a dime and it cost me over $6K in legal fees.

So while your cash flow may be reduced from $500 to $250, would you rather invest $55,000 to make $500/mo or make $250/mo without investing a dime?

There has to be some form of a written agreement on who gets what of the profit, who's in charge of maintenance, what happens when a partner wants out, who's on the loan/title... etc  I find it hard to believe that this person wouldn't just take this deal and run with it on their own since they are funding everything with their money and I won't be giving a dime.

None of them make a dime unless you buy.

Like someone said to you, it's not going to cost you a dime for the commisions.The only advantage in trying to do it without an agent on your side is you may be able to offer a bit lower and work something out with the listing agent to go the 3% lower too.

I have done very well for myself--even put myself through college without a dime from them.

What do you think would have happened if they made rhodium dimes?"

It won't cost you an extra dime to have your own agent, and he or she will be on your side.

My personal choice.Ron did not charge me a dime.

But, if you buy it and sell it a few months later, it may be all handled on the two transactions, and you're never out a dime.